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    Traverse City, MI
    Shopping Center

    Traverse City, MI Shopping Centers for Sale

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    6 properties
    Four-Tenant NNN Commercial Property
    Updated: Aug 24
    Four-Tenant NNN Commercial Property

    2751 N US-31 S, Traverse City, MI 49684

    $2,390,000
    13,550 sqft 1.28 AC lot
    13,550‑square‑foot commercial property on 1.28 acres
    Fully occupied by four tenants
    True triple‑net leases with annual rent increases
    Located on US‑31 in Garfield Township
    Adjacent to Red Lobster and across from Chick‑fil‑A
    View details
    Multi-Tenant Retail Center
    Updated: Aug 21, 2025
    Multi-Tenant Retail Center

    144 Hall Street, Traverse City, MI 49684

    $2,950,000
    18,454 sqft 0.72 AC lot
    18,454 square feet on 0.72 acres
    9 established tenants in a multi‑tenant rental configuration
    Soaring ceilings, exposed beams, and adaptable open floor plan
    Brick exterior with block construction
    On‑site parking lot
    View details
    Retail End Cap with Back Service Door
    Retail End Cap with Back Service Door

    S 867 S US-31 Unit SourceFi, Traverse City, MI 49685

    Contact for pricing
    1,440 sqft

    Endcap storefront with big windows and a service door providing access to a back lot for deliveries and parking.

    View details
    See what stands out in Grand Traverse County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Iconic Warehouse MRKT Building
    Iconic Warehouse MRKT Building

    144 Hall St, Traverse City, MI 49684

    $2,950,000
    0.72 AC lot

    Prime mixed-use property in Traverse City's sought-after Warehouse District.

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    Retail Suite in Shopping Center
    Retail Suite in Shopping Center

    S 1545 S Division Unit SourceFi, Traverse City, MI 49684

    Contact for pricing
    1,432 sqft

    Prime retail space in a Traverse City shopping center across from Meijer on US-31.

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    Retail Center on Bustling Corridor
    Retail Center on Bustling Corridor

    3315-3333 S. US-31 |, Traverse City, MI 49684

    Contact for pricing

    Shopping center drawing customers from a 22-county area.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    2100 North Mitchell Street, Cadillac, MI 49601

    $500,000
    44,100 sqft

    Retail center with multiple access points, pylon signage, on-site parking, and a varied roster of national, regional, and local tenants.

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    Remodeled Shopping Center Anchor Space
    Remodeled Shopping Center Anchor Space

    1550 Mitchell Street, Cadillac, MI 49601

    Contact for pricing
    22,635 sqft

    Remodeled large-format retail space within a fully occupied mall with retail, service, and food-service tenants.

    View details
    Commercial Land with Drive-Through Option
    Commercial Land with Drive-Through Option

    911 E Pickard St, Mount Pleasant, MI 48858

    Contact for pricing
    9,604 sqft

    CD-4-zoned land in a Meijer outlot offers retail development flexibility, including a freestanding drive-thru concept.

    View details
    Renovated Shopping Center Space
    Renovated Shopping Center Space

    1620 Mission Street, Mount Pleasant, MI 48858

    Contact for pricing
    1,921 sqft

    Recently renovated retail space near Central Michigan University and established food-and-beverage operators.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3423 Cass Rd
    REGIONAL SHOPPING CENTER, MALL

    3423 Cass Rd, Traverse City, MI 49684-8842

    $290,000
    Estimated value
    2,968 sqft 0.79 AC lot
    View details
    221 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    221 Frnt St, Traverse City, MI 49684-2525

    $325,000
    Estimated value
    2,856 sqft 0.12 AC lot
    View details
    3675 Us Hwy 31st S
    MINI-MALL

    3675 Us Hwy 31st S, Traverse City, MI 49684-5600

    $595,000
    Estimated value
    8,900 sqft 1.02 AC lot
    View details
    417 Un St
    REGIONAL SHOPPING CENTER, MALL

    417 Un St, Traverse City, MI 49684-2536

    $225,000
    Estimated value
    2,646 sqft 0.09 AC lot
    View details
    111 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    111 Frnt St, Traverse City, MI 49684-2508

    Value Estimation by Request
    5,444 sqft 0.14 AC lot
    View details
    836 Hastings St
    REGIONAL SHOPPING CENTER, MALL

    836 Hastings St, Traverse City, MI 49686-3441

    $280,000
    Estimated value
    1,473 sqft 0.38 AC lot
    View details
    1396 Ws Airport Rd
    REGIONAL SHOPPING CENTER, MALL

    1396 Ws Airport Rd, Traverse City, MI 49686-4771

    $325,000
    Estimated value
    4,984 sqft 0.49 AC lot
    View details
    219 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    219 Frnt St, Traverse City, MI 49684-5737

    $280,000
    Estimated value
    4,182 sqft 0.07 AC lot
    View details
    143 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    143 Frnt St, Traverse City, MI 49684-2508

    $525,000
    Estimated value
    2,070 sqft 0.07 AC lot
    View details
    405 Un St
    REGIONAL SHOPPING CENTER, MALL

    405 Un St, Traverse City, MI 49684-2536

    $270,000
    Estimated value
    935 sqft 0.08 AC lot
    View details
    502 8th St
    REGIONAL SHOPPING CENTER, MALL

    502 8th St, Traverse City, MI 49686-2629

    Value Estimation by Request
    2,680 sqft 0.09 AC lot
    View details
    1288 South Airport Rd
    Neighborhood centers

    1288 South Airport Rd, Traverse City, MI 49686

    Value Estimation by Request
    7,047 sqft
    View details
    2016 South Airport Rd
    Lifestyle centers

    2016 South Airport Rd, Traverse City, MI 49684

    Value Estimation by Request
    14,777 sqft 1.58 AC lot
    View details
    3375 South Airport Rd
    Neighborhood centers

    3375 South Airport Rd, Traverse City, MI 49684

    Value Estimation by Request
    5,903 sqft
    View details
    1990 Us-31
    Lifestyle centers

    1990 Us-31, Traverse City, MI 49686

    Value Estimation by Request
    1,173 sqft
    View details
    1109 Woodmere Ave
    REGIONAL SHOPPING CENTER, MALL

    1109 Woodmere Ave, Traverse City, MI 49686-4248

    $480,000
    Estimated value
    19,468 sqft 0.88 AC lot
    View details
    515 Wellington St
    REGIONAL SHOPPING CENTER, MALL

    515 Wellington St, Traverse City, MI 49686-2660

    $225,000
    Estimated value
    3,526 sqft 0.11 AC lot
    View details
    709 Wadsworth St
    REGIONAL SHOPPING CENTER, MALL

    709 Wadsworth St, Traverse City, MI 49684-3170

    $210,000
    Estimated value
    1,587 sqft 0.06 AC lot
    View details

    Traverse City, MI Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Traverse City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 34,876 square feet of properties for sale, with an estimated market value of $8,290,000.

    Sale prices for plazas in Traverse City, MI start at $2,390,000, averaging $2,763,333, and reaching up to $2,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 33
    Automotive properties 12
    Showrooms 11
    Shopping centers 10
    Auto shops 9

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49684 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

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    Popular Searches in Traverse City, MI

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684
    • 49685

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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